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[he rofiowing intormation applies to the questions displayed below] On June 30. Sharper Corporation's stockholders' equity section of its bolance sheer appears as follows before

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[he rofiowing intormation applies to the questions displayed below] On June 30. Sharper Corporation's stockholders' equity section of its bolance sheer appears as follows before any stock dividend or split. Sharper declares and immediately distributes a 50x stock dividend. (1) Prepare the updated stockholders' equty section after the distnbution is made (2) Compute the number of shaves outstanding after the distribution is made Complete this question by entering your answers in the tabs below. Prepare the updated stockholders' equity section after the distubution is made. Compute the number of shares outstanding after the distribution is made

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